Answer: $2.64
Explanation:
Based on the information given in the question, the outstanding diluted share will be calculated as:
= 300,000 + 15000(5/30)
= 300000 + 15000(0.16667)
= 300000 + 2500
= 302500
The amount that Kasravi Co. should report for diluted earnings per share for the year ended 2018 will be calculated as:
Diluted Earning per share = Net income /outstanding diluted share
= $800,000 / 302,500
= $2.64
ANSWER = (c) $2.64
Answer:
False
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.
A lifestyle can be defined as the way and manner an individual chooses to live his or her life. Similarly, a lifestyle budget comprises the cost of goods and services an individual has chosen to spend his or her money on.
Basically, completely eliminating an item isn't the only way to decrease a lifestyle budget because there could be similar items that even cost way more than the eliminated item.
Some of the benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
<span>Summer lay-by and Christmas were two occasions in which slaves could look forward to for recreation and relaxation.</span>
Answer:
b. the implied warranty of merchantability
Explanation:
Implied warranty of merchantability refers to an implied assurance, in every sales transaction that the seller's goods are safe and fit for intended purpose of usage.
It represents an unspoken guarantee on the part of the seller that his goods conform to the acceptable standards and properly packaged and labeled and abide by the promises conveyed on their label.
The motive behind such a warranty being, the seller must properly inspect and test the quality of his goods before releasing them or making them available for sale in the market.
In the given case, the seller sold skis to the customer which cracked into two upon usage. The seller isn't aware of the cause of the consequence. Thus, the seller breached the principle of implied warranty of merchantabilty as per which, it should've first checked and inspected the skis before making them available for sale.
Answer:
A
Explanation:
Agile means able to move around quickly
